One of the key issues raised during the discussions was the lack of a structured industrial recycling system in Puerto Rico. #NewsismyBusiness
Puerto Rico’s food industry is subject to additional inflationary pressures. #NewsismyBusiness
The Shop by FirstBank returns to Plaza Las Américas to offer free sales space for its small and midsize customers during the holiday season. #NewsismyBusiness
Earlier this quarter, experts released their holiday sales projections and consumer spending trends for the 2023 season. #NewsismyBusiness
The Puerto Rico Retailers Association (ACDET, in Spanish) announced the results of the Collaborative Surveillance Program that the sector has integrated into its efforts to minimize the risks of COVID-19 contagion, which revealed that 96% of participating establishments are 96% compliant in their protocols. The conclusion stems from a sample involving 45,000 observations by 15 […]
Although Puerto Rico’s retail sales registered a 14% increase in 2018, it has seen a 4% drop so far this year, which is why the sector emphasized the importance of the government’s decision to pay the Christmas bonus to public employees. Gov. Wanda Vázquez confirmed this week that public employees will receive their stipend, which […]
Jorge Argüelles, who swore into his position as president of the United Retailers Association over the weekend, believes Puerto Rico needs more entrepreneurs, and he’s setting out to develop them.
Puerto Rico food retailers lose some $116 million as a result of shoplifting, inefficiency and negligence in managing inventory, employee theft or fraud, according to the "Portrait of the Food Industry" study released by the Puerto Rico Chamber of Food Marketing, Industry and Distribution (known as MIDA by its Spanish acronym.)
A survey of members of the United Retailers Association revealed that 50 percent think their sales will be better or the same as last year.
The list of retailers planning to open stores at The Mall of San Juan continues to grow, with the addition of five more tenants, this media outlet confirmed through industry sources.
Five more retailers have added their names to the roster of tenants moving into The Mall of San Juan and will be making their Puerto Rico debuts when the luxury shopping center opens Mar. 26, mall operator Taubman Centers Inc. revealed late last week.
Gov. Alejandro García-Padilla on Wednesday signed Law 545, known as the “Microenterprise, Small and Mid-Sized Business Support Act,” to support that sector of the Puerto Rican economy.
For the fourth consecutive year, Sam’s Club received the highest average on the evaluations made by a group of suppliers of food and mass-market consumer goods sold at supermarkets, pharmacies, warehouses and membership clubs in Puerto Rico.
The fight against the proliferation of counterfeit goods in Puerto Rico has been escalating in recent months, with the latest round taking place last week when local and federal law enforcement officials conducted seizures of knock-offs of nearly 20 brands sold by a handful of retailers that now face thousands of dollars in fines for violating copyright laws.
Puerto Rico Trade Executive Director Francisco Chévere and Fajardo Mayor Aníbal Meléndez officially opened the new facilities of the Eastern Region Business Development Center with the goal of offering support to the area’s small and mid-sized businesses.
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